Order in the matter of enquiry against M/s Pioneer Equity Trade (I) Limited

Shri A. K. Batra, Whole – time Member, Securities and Exchange Board of India (SEBI) has issued an order dated February 4, 2004 2003 against M/s Pioneer Equity Trade (I) Limited in the matter of enquiry against the said entity. The Member has in exercise of powers conferred upon him under Section 19 of the SEBI Act, 1992 read with Regulation 13(4) of the SEBI (Procedure for holding enquiry by Enquiry Officer and imposing penalty) Regulations, 2002 has censured M/s Pioneer Equity Trade (I) Limited (Certificate of registration No. INB 231109332) and directed them to be more diligent in complying with SEBI Act and the Rules and Regulations framed thereunder, in future.